Financial
Distress signals
Property profile

700 3rd Ave Seattle, WA 98104

OFF-MARKET
Hotels
Property ID
US90-1444254
104,352 SF 0.33 ac lot Built 1916
Last sale Jul 2022 · $30,320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional opportunity presents two available restaurant spaces within the Arctic Club Hotel, a prominent building totaling 104,352 square feet. Located at 700 3rd Ave in the heart of Downtown Seattle, WA 98104, this property offers unparalleled access to Seattle's vibrant culinary scene. The spaces range from 2,042 to 3,000 square feet, providing flexibility for various restaurant concepts. The building's prime location places it adjacent to Seattle's first proposed supertall…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$315k
Tax billed · 2022
Assessed value$38.46M
Assessed land$22.13M
Assessed improvement$16.32M
Effective rate0.82%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$331/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$230 – $473

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DOC1 U/450/U
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.9
Pet Grooming Service8.6
Pet Store7.9

Location

700 3rd Ave Seattle, WA 98104-1894
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

9 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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